Ask Question
21 January, 00:27

On January 1 of the current year, the price of a stock is $42.50, whereas on December 31 of the current year, the price of the stock is $48.78. Determine the capital gain yield of the stock. a. 13.25% b. 14.78% c. 15.14% d. 16 33% e. 17.49%

+5
Answers (1)
  1. 21 January, 02:36
    0
    b. 14.78%

    Explanation:

    Given that

    Initial price at the starting of the year = $42.50

    And, the ending share price at the ending of the current year = $48.78

    The computation of the capital gain yield is shown below:

    = (Ending share price - initial price) : (Initial price) * 100

    = ($48.78 - $42.50) : ($42.50) * 100

    = $6.28 : $42.50 * 100

    = 14.78%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “On January 1 of the current year, the price of a stock is $42.50, whereas on December 31 of the current year, the price of the stock is ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers